Ethereum Foundation Transfers 7.79 Million USDS to Safe Multisig Wallet

The Ethereum Foundation transferred 7.79 million USDS to a Safe multisignature wallet within the hour before 10:42 p.m. ET Friday (03:42 UTC Saturday). The observation also included a CoWSwap exchange of 1,000 Ether (ETH) for about $1.9 million in USDS and sales totaling 5,000 ETH for about 9.92 million USDS over four days. The activity follows an earlier Ethereum Foundation sale of 2,785 ETH through CoWSwap , which brought in USDS valued at about $6.42 million. Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.